What is cryptocurrency?

cryptocurrency is typically decentralized digital money designed to be used over the internet with no middle man in it

The first and most well-known cryptocurrency is Bitcoin, which was created in 2009.

Transactions made with cryptocurrency are recorded on a public ledger called a blockchain, which is maintained by a network of computers around the world.

Cryptocurrency can be bought and sold on online exchanges, and can also be used to buy goods and services.

The value of cryptocurrency can fluctuate widely, and is subject to market forces such as supply and demand.

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Some people believe that cryptocurrency has the potential to disrupt traditional financial systems and bring financial services to people who are unbanked or underbanked.

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Many other cryptocurrencies have been created since the inception of Bitcoin, including Ethereum, Ripple, and Litecoin.

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Cryptocurrency has faced criticism for its association with illegal activities such as money laundering and drug trafficking.

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Governments around the world are still trying to figure out how to regulate cryptocurrency, with some countries banning it outright while others are working on creating a regulatory framework.

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